Bitcoin ($BTC) holds important support - bounce taking place
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Bitcoin has recently experienced significant price drops, with values plummeting by $12,000 and $7,000. Despite these setbacks, Bitcoin is maintaining its position on a key trendline. Importantly, the $95,000 horizontal support level continues to hold strong, suggesting a potential rebound. This situation leads many investors and traders to speculate whether it's a safe time to re-enter the Bitcoin market. The resilience of the support level indicates a possible rally, with market participants keenly watching the price movements to gauge the extent of the forthcoming bounce.
Bron: cryptodaily.co.uk ↗
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